​​Ten-X’s 2018 office market outlook has ranked Portland #1 in the top 5 best markets for investors to consider purchasing office properties. Last year ULI ranked Portland the #2 best market in the country to buy office real estate in their annual Emerging Trends in Real Estate 2018.

Portland ended the year with a vacancy rate of 9.9 percent, the 5th lowest in the country, while adding 679,100 square feet to its office for the year.

The ownership makeup of CBD office buildings has changed dramatically, with institutional ownership up 50% between 2005 and 2015. In 2017 alone, 12 of the 15 office buildings in the CBD that sold for more than $10 million were to institutional owners.